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#2239056 - 07/03/20 05:50 PM Adding force placed insurance to loan balance
MCCompliance Offline
Member
Joined: Nov 2012
Posts: 95
Is a new appraisal or evaluation required if we are going to add force placed insurance premiums to the loan balance? We were told a few years ago by the state we had to get a new appraisal each time we increased the loan balance for insurance premiums, but I am unable to find the statute now.

Thanks in advance.
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#2239071 - 07/03/20 08:19 PM Re: Adding force placed insurance to loan balance MCCompliance
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 80,333
Galveston, TX
I surely cannot find anything.
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